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Saturday, April 11, 2015

The Big Chill

by Robert Reich.
It's bad enough big money is buying off politicians. It's also buying off nonprofits that used to be sources of investigation, information, and social change, from criticizing big money. Other sources of funding are drying up. Research grants are waning. Funds for social services of churches and community groups are growing scarce. Legislatures are cutting back university funding. Appropriations for public television, the arts, museums, and libraries are being slashed. So what are non-profits to do? "There's really no choice," a university dean told me. "We've got to go where the money is." And more than at any time since the Gilded Age of the late 19th century, the money is now in the pockets of big corporations and the super wealthy. So the presidents of universities, congregations, and think tanks, other nonprofits are now kissing wealthy posteriors as never before. But that money often comes with strings.

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